Numerous Nationwide customers will see their finances affected from next month, with changes taking effect from February 10. On Monday, January 12, the world’s largest building society announced it was making “adjustments” across several of its accounts and products.

Nationwide stated the alterations follow the Bank of England Bank Rate reduction of 0.25% on December 18, 2025. From February 10, it will decrease certain rates by between 0.10% and 0.25% on particular savings products.

However most products will see reductions smaller than the Bank Rate change. And Nationwide will raise the rate on its five-year Fixed Rate Bond and ISA to 4%.

Meanwhile, there will be no alterations to:

Nationwide accounts and products which will soon have lower interest rates

Account type – previous rate – new rate – difference

* Flex Saver / Flex ISA: £0-£9,999.99 from 1.25% to 1.15%; £10K-£49,999.99 from 1.35% to 1.20%; £50K+ from 1.45% to 1.25%.

** Instant Access: £0-£9,999.99 from 1.10% to 1.10%; £10K-£49,999.99 from 1.15% to 1.15%; £50K+ from 1.35% to 1.20%.

Nationwide joins several other banking giants implementing such changes in response to the Bank of England rate change in December.

As mentioned above, the financial institution is cutting most of its rates by less than the adjustment to the Bank Rate.